Analyst – Contracts Administration (Contractual Role) Job Vacancy in Trafigura Mumbai, Maharashtra – Latest Jobs in Mumbai, Maharashtra
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Full Details :
Company Name : Trafigura
Location : Mumbai, Maharashtra
Position :
Job Description : Main Purpose:
The incumbent will be responsible for assessing the overall trade flow plan including commercial terms, cargo operations, payment terms and legal obligations of sale, purchase and/or storage transactions concluded by the company. The incumbent will then draft or review the underlying commercial contracts keeping in mind Trafigura’s interests and business strategy and will also highlight all potential risks for consultation with other key departments such as Trading, Cargo Operations, Trade Finance, Claims, Legal etc.
Knowledge Skills and Abilities, Key Responsibilities:
Commerce, Business Administration, Law or equivalent qualification with impressive academic credentials
Strong communication skills
Strong interpersonal skills
Ability to meet deadlines
Accurate and efficient working style with high attention to detail
Computer literacy: MS Word, MS Excel and Outlook
Adaptive to change
Self-starter and pro-active attitude
Fluent in English. Knowledge of other language is advantageous
Willingness to work in flexible time zones
Key Responsibilities
Assessing commercial, operational and legal risks in a sale/purchase/storage transaction and highlight the same promptly to relevant departments
Liaise closely with other departments to discuss and finalize company’s contractual position
Issue final contracts or amendments after compiling views of key departments
Pro-actively liaise with stakeholders to achieve mutually acceptable contractual position
Take advisory role to suggest traders ways to mitigate key risks and highlight those exceptions to management
Timely filing of contracts, amendments, communications in PLUTO (in-house database management software)
Strict adherence and compliance to Trafigura’s policy and codes
Key Relationships and Department Overview:
Counterparties
Traders
Cargo Operators
Trade Finance
Deals Desk
Claims
VAT, Legal, Securitization departments
Department: Contract Administration
The Contract Administration Department acts as a key control function to safeguard the company’s commercial and legal interests in sale, purchase or storage of commodities. The department is responsible to review trades concluded by the company, highlight any potential risk that may arise during the transaction and take appropriate measures while drafting/reviewing the underlying contracts in consultation with other departments.
About Us
Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. At the heart of global supply, Trafigura connects the world with the vital resources it needs. Through our Oil & Petroleum Products, Metals and Minerals, and Power and Renewables divisions, we deploy infrastructure, skills and a global network to move commodities from where they are plentiful to where they are needed most, forming strong relationships that make supply chains more efficient, secure and sustainable.
Trafigura also owns and operates a number of industrial assets including a majority share of global multi-metals producer Nyrstar and fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nala Renewables, a power and renewable energy investment and development platform. With over 1,000 shareholders, Trafigura is owned by its employees and employs over 13,000 people working in 48 countries.
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